DealDash PS5 For Only $0.50 โ€“ Too Good To Be True?

DealDash advertises a PlayStation 5 console being sold for only $0.50.

You might have seen the ad on TV about the PlayStation 5 that was sold for $0.50 on DealDash. 50 cents? There must be something fishy going on with a price like that. Maybe there are some hidden fees? Surely this is not all that the customer paid for the PS5 on DealDash? What about shipping costs?

Read on as we go in to detail on how the end price of an auction is formed.

The $0.50 PlayStation 5 Console…

…and a 55-inch TV! In July 2021 a DealDash bidder couldn’t believe their eyes as they only placed 2 bids to win the auction for a bundle of the brand new PS5 console and a 55″ TV.

The total cost of that auction for the winner was the final auction win price of $0.10 + an estimated $0.20 per bid they placed. And shipping is always free on DealDash!

Your Go-To Place For Gaming Deals

In addition to the PlayStation consoles you’ll regularly find auctions for the new Xbox Series X consoles and full home theatre bundles together with TV’s and audio systems.

And if you are in search of hand held gaming devices, you will find us auctioning the Nintendo Switch Lite consoles often too. No gaming setup is perfect without a pair of gaming headphones with a microphone and a curved display. Be sure to check out the auctions!

The Math Behind The 50ยข PS5

There have been articles opening up the math behind auctions on DealDash in the past. On DealDash the total cost for the winner consists of the auction end price and any pre bought bids they placed in the auction. There’s absolutely no hidden costs involved!

A total of 40 PlayStation 5 consoles have been auctioned on DealDash by the time of writing this blog (Jan 2022). On average the winner has saved over 60% off the Buy It Now price of the auction including the cost of bids.

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Online Auction Promotions Explained

While DealDash is best know for being the leading pay-to-participate auction (a certain type of online auction) provider in the US, there is more than what meets the eye. The auctions stay fresh and exciting for many reasons:

Online auction promotion overview
There’s a wide variety of different kinds of promotions on DealDash that make the bidding fee auction an exciting experience!
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